Nowadays, plenty is being discussed regarding cloud-native cost optimization. But what about the organizations who still have core systems running outside the cloud? On premises or hybrid ?
Non-cloud infrastructure such as servers, integrations, on-prem services, and shared resources is a sizeable chunk of IT spend, and usually unmanaged and invisible. They are real, recurring, and costly but not tracked same like billing module inside google or Microsoft.
FinOps is not simply about reducing cloud costs; it's about making informed trade-offs between speed, cost, and quality in cloud investments.
This practice is increasingly vital as organizations shift more workloads to the cloud and seek greater transparency, control, and value from their cloud spend.
Key Principles of FinOps
- Collaboration
- Financial Accountability
- Data-Driven Decision Making
- Continuous Optimization
- Business Alignment
FinAlyzer is a unified, cloud-based digital platform used for financial consolidation, analytics, and reporting. It is primarily targeted at CFOs, finance teams, and accountants to automate and streamline
- Financial consolidation (across subsidiaries or business units)
- Management and statutory financial reporting
- Segment-wise profitability reporting
- Dashboard and KPI tracking
- Budgeting, forecasting, and scenario planning
Features
- Multi-GAAP and Multi-Currency Support
- Automated Analytics
- Customizable Dashboards
- Integration Capabilities
- Audit Trail & Compliance
- Rapid Reporting
Read more The 80/20 Rule of FinOps: Automate Early, Lead Always
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